NOT LISTED FOR SALE

3230 W Mckinley Blvd Unit 3232 Milwaukee, WI 53208

Cold Spring Park Neighborhood

Estimated Value: $178,000 - $211,000

5 Beds
2 Baths
3,802 Sq Ft
$52/Sq Ft Est. Value

Highlights

  • 2 Car Detached Garage
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

Rare 3/4 BEDROOOM two-family investors gem in the heart of Milwaukee! Unit 1 boasts 3 bedrooms and 1,374 square feet, while unit 2 boasts 4 bedrooms and 2,480 square feet. Rents are below market value but are MTM long-term tenants. Spacious units with HWF, original trim, 2.0 car DET garage. Upper (unit 2) is a two-floor unit with spiral staircase, cathedral-style ceilings. Appliances owner-owned; owner pays sewer/water; tenants responsibly for utilities. Rents $750/1050. Price already includes deductions for TLC needed in & outside. Water/sewer roughly averages $400/qrt.

Last Agent to Sell the Property

John Gscheidmeier

RE/MAX Service First License #58106-90 Listed on: 08/23/2022

Last Buyer's Agent

Karli Tatum

EXP Realty LLC-West Allis License #93947-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1906

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 3,802 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units
  • Coldspring Park Subdivision

Listing and Financial Details

  • Exclusions: Seller & tenant's personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,329

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Unit 1 3230: refrigerator; oven; washer; dryerUnit 2 3232: refrigerator; oven; washer; dryer
  • Directions: 35th Street to McKinley Blvd, east to property.
  • New Construction: No
  • Year Built: 1906
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 3230 W Mckinley BOULEVARD #3232
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 3802.00

Exterior Features

  • Exclusions: Seller & tenant's personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 2329.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Jun 29, 2023
Sold by
3230 Mckinley Llc
Bought by
Mcgowan Jonise
Seller's Agent
John Gscheidmeier
RE/MAX Service First
Buyer's Agent
Karli Tatum
EXP Realty LLC-West Allis
List Price
$165,000
Sold Price
$148,000
Premium/Discount to List
-$17,000
-10.3%
Views
89
Current Estimated Value
$198,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,376
Avg. Annual Appreciation
8.48%
Original Mortgage
$131,000
Outstanding Balance
$128,132
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$49,162

Purchase Details

Closed on
Feb 1, 2020
Sold by
Madson Michael J and Tisch Todd R
Bought by
3230 Mckinley Llc

Purchase Details

Closed on
Jun 11, 2004
Sold by
Chance Etta Clarene
Bought by
Madson Michael J and Tisch Todd R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2003
Sold by
Merry Elizabeth A and Merry George Elizabeth
Bought by
Chance Etta Clarene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1996
Sold by
George Mark J
Bought by
George Elizabeth M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcgowan Jonise $148,000 Lakefront Title
3230 Mckinley Llc $94,300 None Available
Madson Michael J $160,000 --
Chance Etta Clarene $120,000 --
George Elizabeth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Jonise $131,000
Previous Owner Madson Michael J $128,000
Previous Owner Chance Etta Clarene $108,000
Closed Madson Michael J $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2023 07/16/23 Off Market $155,000 -- --
09/29/2022 09/29/22 Price Changed $155,000 -6.1% $41 / Sq Ft
08/25/2022 08/25/22 For Sale $165,000 -- $43 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,320 $148,600 $5,600 $143,000
2023 $3,140 $132,900 $5,600 $127,300
2022 $3,091 $132,900 $5,600 $127,300
2021 $2,329 $91,300 $5,700 $85,600
2020 $2,314 $91,300 $5,700 $85,600
2019 $2,377 $95,000 $5,800 $89,200
2018 $2,391 $95,000 $5,800 $89,200
2017 $2,326 $87,900 $3,300 $84,600
2016 $2,381 $85,600 $3,300 $82,300
2015 -- $85,600 $3,300 $82,300
2014 -- $92,400 $3,300 $89,100
2013 -- $115,500 $3,300 $112,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1808442

Metro MLS

APN: 365-1362-000-9